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Robert Bender&Associates, managed by Robert L. Bender, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund reduced its position by 1,468 shares.
Recent Updates on Alphabet Inc. Class C stock
Alphabet Inc. Class C (GOOG) shares have continued a strong rally in recent weeks, with various snapshots showing gains of roughly 0.2%–5.8% over the past week, 4.8%–8.8% over the past month, and about 66%–77% over the past year. Despite this run, Wall Street maintains a Strong Buy consensus, with average 12‑month price targets generally clustered in the mid‑$330s to mid‑$360s, modestly above recent closing prices around $331–$336, implying expectations of further upside. Analysts highlight Alphabet’s AI strategy, Google Cloud Platform’s AI‑infrastructure and platforms (such as Gemini and Vertex), and AI‑enhanced Search as key long‑term growth drivers, while surveys of U.S. ad buyers underscore Google Search’s industry‑leading ROI and measurement tools and anticipate only slight share slippage in digital ads, with YouTube’s video ad share ticking higher. Recent high‑conviction calls include Josh Beck’s January 22, 2026 upgrade to Buy with a $400 target based on a premium multiple of expected 2027 earnings, and John Blackledge’s reiterated Buy with a $355 target, both supported by their solid historical rating performance and their view that Alphabet is particularly well positioned for the next wave of generative‑AI‑driven advertising and cloud growth.
Spark’s Take on GOOG Stock
According to Spark, TipRanks’ AI Analyst, GOOG is a Outperform.
Alphabet’s strong financial performance and positive earnings call are the primary drivers of its high stock score. The company’s robust profitability, efficient operations, and strategic investments in AI and cloud services position it well for future growth. While technical indicators suggest potential short-term volatility, the long-term outlook remains positive. The high valuation reflects market confidence in Alphabet’s growth prospects.
To see Spark’s full report on GOOG stock, click here.
More about Alphabet Inc. Class C
YTD Price Performance: 7.92%
Average Trading Volume: 22,930,414
Current Market Cap: $4056.1B